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but she is keeping her current job and may eventually even expand her role in the obama administration, despite these attacks from her critics. joining me now is ambassador nicholas burns, former under secretary of state and ambassador to nato. and, governor martin o'maley, democrat for maryland and co-chair of the health and security committee at the national governor's association. thank you both for coming on the show tonight. >> i thank you. >> thank you. >> now, ambassador burns, you had a distinguished diplomatic career. how do you explain what happened today? >> i think it's very unfair what happened to ambassador rice. she has all the qualities that one would want in secretary of state. she's smart. she's very tough-minded. she has a lot of experience at a high level serving as ambassador of the united nations. really, the last 20 years as she began working for president clinton, which is where i first met her, she served at a very high level of distinction. and, in my view, would have made a very fine secretary of state. it's a shame that the process had to unfold the way it d
but she is keeping her current job and may eventually even expand her role in the obama administration, despite these attacks from her critics. joining me now is ambassador nicholas burns, former under secretary of state and ambassador to nato. and, governor martin o'maley, democrat for maryland and co-chair of the health and security committee at the national governor's association. thank you both for coming on the show tonight. >> i thank you. >> thank you. >> now,...
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meanwhile, when the obama administration blocked the keystone pipeline, it was said that oil would be sell to the chinese. he gave the go-ahead to sell one of the biggest oil companies to them. china doesn't just get access to the canadian oil fields. the chinese get direct access to choose reserves in our own back yard in the gulf of mexico. it still needs approval from washington, but the chinese will control a major north american oil company. lou dobbs is with us now. i cannot imagine that you think this is a good idea. lou: is a terrible idea if it's not altered. as you know, the oil and the immense reserves, it will likely begin doing so over the years ahead. it is a big deal for the chinese. they also have control just about 116 million barrels of oil in the gulf of mexico, primarily fields off the coast of louisiana. those are under u.s. jurisdiction. the trick here is the chinese offshore oil company, the chinese national offshore oil company, they have run into this before. it was back in 2005 when they tried, as you probably recall, they ran into all sorts of issues due to
meanwhile, when the obama administration blocked the keystone pipeline, it was said that oil would be sell to the chinese. he gave the go-ahead to sell one of the biggest oil companies to them. china doesn't just get access to the canadian oil fields. the chinese get direct access to choose reserves in our own back yard in the gulf of mexico. it still needs approval from washington, but the chinese will control a major north american oil company. lou dobbs is with us now. i cannot imagine that...
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. >> new fox poll show wide margin americans think president obama should have sent u.s. troops to to stop the 9/11 terror attac attack. americans are divided over the administration handling the attack with slim majority believing it amounts to coverup. earlier in week, one republican said the f.b.i. yet to interview suspect held by the tunisia authorities since third week of october. >> why are we not doing everything in our power to investigate events in benghazi that killed four americans? >> a second suspect was killed in a raid in late october on this cairo neighborhood. and the third publicly known suspect is now held by egyptian authorities. attorney general eric holder defended the criminal investigation. >> there are a range of other things that we are doing with regard to benghazi incident that we don't talk about. >> earlier today, republican congressman claimed the state department blocked his effort to meet with the benghazi survivor saying he doesn't know who are where they are. fox news reviewed the regulation to cover the state department investigation. i
. >> new fox poll show wide margin americans think president obama should have sent u.s. troops to to stop the 9/11 terror attac attack. americans are divided over the administration handling the attack with slim majority believing it amounts to coverup. earlier in week, one republican said the f.b.i. yet to interview suspect held by the tunisia authorities since third week of october. >> why are we not doing everything in our power to investigate events in benghazi that killed four...
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all the money going into it, at the same time, we're shutting down coal and now the obama administration has announced its intent to go after natural gas tracking and shale oil -- fracking and shale oil because they need more regulations on it. so they will make that more expense system. we're going to energy much more expensive that has to have continued subsidies. the subsidies are determined through cronyism as we've seen through all the green energy. at last count about 37 companies at the last obama stimulus in 2009 into green energy were either belly-up or declared bankruptcy or losing jobs. the at current rate we're going with these new credits coming out it will be $327,000 per wind energy job. that is taxpayer supported. that is how much it will cost for these alleged jobs that this is going to bring. sandra: do we see -- we have to leave it there, but do you kbebt to see any return for the taxpayers on this investment? >> is the fast -- past is any indicator, no. this is something where wind is not producing what it needs to be in order to justify it. sandra: you don't have to
all the money going into it, at the same time, we're shutting down coal and now the obama administration has announced its intent to go after natural gas tracking and shale oil -- fracking and shale oil because they need more regulations on it. so they will make that more expense system. we're going to energy much more expensive that has to have continued subsidies. the subsidies are determined through cronyism as we've seen through all the green energy. at last count about 37 companies at the...
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joining me now for insight on how the obama administration might move forward on this very tricky issue is rolling stone national affairs correspondent tim dickinson whose article "obama's pot problem" is in the magazine's current issue. welcome back inside "the war room." >> great to be with you. >> jennifer: the people have spoken. obviously. in at least two states. and pollwise they think that marijuana should be legal. but federal agencies like the d.e.a. maintain enforcement over controlled substances act obviously. so i want you to listen first to an exchange between the head of the d.e.a., michelle leonhard and colorado democratic congressman jared polis from earlier this year. let's play this. >> i believe alls illegal drugs are -- >> is methamphetamine worse for somebody's health than marijuana? >> i don't think any illegal drug -- >> is heroin worse for someone's health than marijuana? >> again all -- >> yes no, or i don't know. if you don't know, you can look this up. you should know this as chief administrator for the drug enforcement agency. >> jennifer: fascinating to me b
joining me now for insight on how the obama administration might move forward on this very tricky issue is rolling stone national affairs correspondent tim dickinson whose article "obama's pot problem" is in the magazine's current issue. welcome back inside "the war room." >> great to be with you. >> jennifer: the people have spoken. obviously. in at least two states. and pollwise they think that marijuana should be legal. but federal agencies like the d.e.a....
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you never under estimate the obama administration tendency to overplay their hand. yes, they had a good hand, but they do too much. then the public catches up with what is going on here. they say wait a second, for spending cuts and the new stories are starting to change. that the democrats say they are not for that. >> bob: the people blame republicans if it doesn't work. they blame obama. if you brought up a number should rich people get tax increases overwhelmingly they yes. >> eric: let's talk about what is going on. president obama came out and said i want 1.6 trillion in new revenues. john boehner says we will give you $800 example in new revenue. obama came down to $1.4 trillion. boehner hasn't come back yet. if boehner offers $1 trillion new revenues can it pass the house? >> andrea: great question. we are sitting around the table sitting about deal that boehner brokers. he has to go back to the members to get the deal through the house. i'm not so sure about it. i know what he won't get through the house, raising taxes. he is not going to get some tax raisi
you never under estimate the obama administration tendency to overplay their hand. yes, they had a good hand, but they do too much. then the public catches up with what is going on here. they say wait a second, for spending cuts and the new stories are starting to change. that the democrats say they are not for that. >> bob: the people blame republicans if it doesn't work. they blame obama. if you brought up a number should rich people get tax increases overwhelmingly they yes. >>...
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administration who happens to be a person of color and a woman. a rhodes scholar, a doctoral recipient from oxford university, an extraordinary broad career at the state department so to speak in terms of foreign relations and the like. this is a sad day in american politics. she didn't get a hearing. she was vetted informally and, therefore, rejected outside of the parameters of legal and formal power, and as a rul of that, i think this is a witch hunt in the worst fashion that it could ever be. >> before we talk to jonathan alter and ari melber, let's bring in chuck todd who is at the white house. chuck, has there been some reaction from the president responding to ambassador rice's letter? >> reporter: well, there has. he accepted this decision by her, and this had been -- he had been -- this had been weighing on him, this issue of the idea of watching what he believed and you talked to folks that are close to him that susan rice was essentially being bullied a little bit, being attacked by some senate republicans, unfatherly u unfairly he thou
administration who happens to be a person of color and a woman. a rhodes scholar, a doctoral recipient from oxford university, an extraordinary broad career at the state department so to speak in terms of foreign relations and the like. this is a sad day in american politics. she didn't get a hearing. she was vetted informally and, therefore, rejected outside of the parameters of legal and formal power, and as a rul of that, i think this is a witch hunt in the worst fashion that it could ever...
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somebody well respected inside the administration. remember, he crossed party lines, wolf, to support barack obama when he first ran for the presidency in the 2008 campaign. >> let me read the statement that lindsey graham just released. i'll put it up on the screen. i respect ambassador rice's decision. president obama has many tal leblted people to choose from for our next secretary of state. i'm determined to find out what happened in benghazi before, during, and after the attack. unfortunately, they are stone walling when it comes to relevant information. i find this unacceptable. lindsey graham adds, it is a security failure and we must never have it happen again. we've now heard from senator mccain, we've now heard from lindsey graham. we'll be hearing from many more. >> and the question on benghazi might also affect the question of who leads the cia, for example. i know jessica was talking about that earlier because the question is whether the deputy director becomes tarnished because of the cia role in benghazi or not disclosi
somebody well respected inside the administration. remember, he crossed party lines, wolf, to support barack obama when he first ran for the presidency in the 2008 campaign. >> let me read the statement that lindsey graham just released. i'll put it up on the screen. i respect ambassador rice's decision. president obama has many tal leblted people to choose from for our next secretary of state. i'm determined to find out what happened in benghazi before, during, and after the attack....
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obama administration said it was a spontaneous event linked to a video. catherine herridge is live for us on capitol hill. there's been this back and forth now. even as much as a moment ago about when secretary of state hillary clinton will testify. what do you know? >> good to be with you. we've got a situation where two congressional committees are saying the secretary of state will testify on capitol hill today but a short time ago at a briefing there was a suggestion there could be a slide on the date because of a arb not being complete. >> the arb is continuing to do its work. to my knowledge it's not yet concluded its work. it decided to keep deliberations confidential until it's finished. our expectation is that after the arb reports to the secretary, then she will have consultations with congress. >> one of the key issues in this review is whether the state department has culpability for the deaths of four americans in benghazi. as fox reports based on the cable there was an emergency meeting in benghazi a month before the attack where the individ
obama administration said it was a spontaneous event linked to a video. catherine herridge is live for us on capitol hill. there's been this back and forth now. even as much as a moment ago about when secretary of state hillary clinton will testify. what do you know? >> good to be with you. we've got a situation where two congressional committees are saying the secretary of state will testify on capitol hill today but a short time ago at a briefing there was a suggestion there could be a...
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it's a beautiful car, it already more important in the obama administration, but, also, they are really doing well. their production numbers are up. they've raised capital so that they can go ahead and put in energy stations, and it's really, i think, like i said, a little riskier, but it's definitely the highest reward. liz: stock up 23% year over year, and 59% floated. see you next time. >> thank you so much. liz: breaking news, president meeting with boehner, 5 p.m. easternment don't move, here comes the closing bell, six minutes away, and we'll be right back to take you there. blrchg players in history to the number 1 club in the world. the potential of manchester united unlocked. nyse euronext. unlocking the world's potential. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doi and being ready, no matter what happens, which isn't
it's a beautiful car, it already more important in the obama administration, but, also, they are really doing well. their production numbers are up. they've raised capital so that they can go ahead and put in energy stations, and it's really, i think, like i said, a little riskier, but it's definitely the highest reward. liz: stock up 23% year over year, and 59% floated. see you next time. >> thank you so much. liz: breaking news, president meeting with boehner, 5 p.m. easternment don't...
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. >>> the use of drones by the obama administration is foreigning a political odd couple in the house of represent tifrs. dennis kucinich and ron paul. president obama ordered more drone strikes in his first term than president bush did in his combined terms. the strike just last week killed a senior leader in pakistan near the border of afghanistan and the two congress men want president obama to release all the information and the data and detail that he ordered against many terrorists. representative kucinich joins me live. welcome back and nice to see you. >> good to be with you. >> the judiciary did address this, but me why you are challenging the president. >> it's not about challenging the president, but up holding the constitution of the united states. no president has the right to launch missile attacks on another country without congressional approval. no president has the right to take away someone's right to due process of law. they happen to be an american citizen abroad and we asked for the legal justification. that's what we are looking at. three years is a long time to
. >>> the use of drones by the obama administration is foreigning a political odd couple in the house of represent tifrs. dennis kucinich and ron paul. president obama ordered more drone strikes in his first term than president bush did in his combined terms. the strike just last week killed a senior leader in pakistan near the border of afghanistan and the two congress men want president obama to release all the information and the data and detail that he ordered against many...
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>> the only problem with that is that if the obama administration wants anything close to a manufacturing renaissance, the only way they will get it is with cheap natural gas. natural gas is $60 in japan. fourteen dollars in china. it has been an economic miracle. if they want to cut, perhaps, millions of jobs and kill any sort of a manufacturing renaissance, go for. i think they will get their money from them. i think they will hijack the industry in respect to that. natural gas has been great for this country. this particular stock, speaking of earth, i would say $42.90 would be a good number for them. lori: the manager is at the center of what the feds are calling the largest ever insider-trading case. charlie gasparino joined us in the case against matthew martoma adam: war spending and buying from the federal reserve. ♪ >> 21 minutes past the hour. this is your fox news minute. and american soldier has been attacked in afghanistan. that is all coming just hours after leon panetta left the area. the pentagon confirming a new goal board explosive device. a north korean satellite repo
>> the only problem with that is that if the obama administration wants anything close to a manufacturing renaissance, the only way they will get it is with cheap natural gas. natural gas is $60 in japan. fourteen dollars in china. it has been an economic miracle. if they want to cut, perhaps, millions of jobs and kill any sort of a manufacturing renaissance, go for. i think they will get their money from them. i think they will hijack the industry in respect to that. natural gas has been...
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but after 2003 the bush administration, as followed by the obama administration, was working with gaddafi and was completely transparent about all weapons he had. not so with what's going on in libya today. at some point, instead of the president of the united states trying to nullify the constitution and saying, you know what, i disagree with that marriage law that congress did, so we're going to ignore it and as i speak so it shall be the new law, that's what kings do, that's what pharaohs do. so it would seem a little bit hypocritical if you have someone from an administration who said, you know what, we don't like the immigration law and so as i speak it, so shall it be, i will make, i will pronounce new law because i don't like what was dual passed by republican -- duly passed by republicans and democrats in both the house and senate and signed by a prior president, so as i speak new law, so shall it be. and so it does seem a little hypocritical if an administration like that were to turn around and say morsi is just suspending civil rights in egypt and we're not sure that he's a goo
but after 2003 the bush administration, as followed by the obama administration, was working with gaddafi and was completely transparent about all weapons he had. not so with what's going on in libya today. at some point, instead of the president of the united states trying to nullify the constitution and saying, you know what, i disagree with that marriage law that congress did, so we're going to ignore it and as i speak so it shall be the new law, that's what kings do, that's what pharaohs...
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diversity is always an issue in the obama cabinet. just like any other administration. >> that's right. >> interestingly enough, it's been 15 years since there has been a white man as secretary of state. 15 years since we've had that. i think warren christopher might have been the last white secretary of state. second term of clinton. we've had no woman ever heading up the pentagon, cia, or treasury. on the other hand, we've only had one male as labor secretary in the last 26 years. pop quiz. >> robert reich. >> robert reich. and the chief of staff has always, always, been a white male. going after, as to your point, the black female potential secretary of state after that -- >> -- after the election we just had. it's impossible -- i think you can't divorce any of these things from any of the other things. >> quick panel, yes or no, does susan rice get the nomination? >> yes. i would say. >> yes. >> i have no idea. i have no idea. i'm out of the prediction game. >> one more. >> no. >> i want to thank you on that note to nicolas, joan,
diversity is always an issue in the obama cabinet. just like any other administration. >> that's right. >> interestingly enough, it's been 15 years since there has been a white man as secretary of state. 15 years since we've had that. i think warren christopher might have been the last white secretary of state. second term of clinton. we've had no woman ever heading up the pentagon, cia, or treasury. on the other hand, we've only had one male as labor secretary in the last 26 years....
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. >> do you think it's fair for what the obama administration is doing to iran now, saying you can't have nuclear weapons but we can. >> we have thousands of nuclear weapons. how can we say to other countries you can't have two, particularly when we said it was okay for israel to have 100. >> do you think it iran has nuclear weapons it will be a dangerous situation? >> it's already a dangerous situation. >> how so? >> because russia and the united states have nuclear weapons, israel has them, pakistan has them, india has them. about eight countries have them. they're extremely dangerous. if they all went off at once, it would clearly destroy the word completely. >> you think ahmadinejad should have nuclear weapons sas well? >> nobody should have them. either we all have them or nobody has them. we play by the same rules. equal rights for ewall people. women have equal rights with men. in afghanistan people have equal rights with the united states. >> what do you think -- this is the last question. what do you think of -- when you watch the world and you see what's happening and there
. >> do you think it's fair for what the obama administration is doing to iran now, saying you can't have nuclear weapons but we can. >> we have thousands of nuclear weapons. how can we say to other countries you can't have two, particularly when we said it was okay for israel to have 100. >> do you think it iran has nuclear weapons it will be a dangerous situation? >> it's already a dangerous situation. >> how so? >> because russia and the united states have...
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do you think syria is in that same space for the obama administration? is that where the cost benefit is coming in. >> i think so. look at the fact we've got 30 to 40,000 people that have been killed. you have a chemical weapons problem looks like it will be difficult to contain. al qaeda is creeping up in this part of the world. let's not forget, all the critical countries that border syria. iraq where we've invested blood and treasure that could come at risk by having an overflow from syria. obviously the news a front is from is from kuwait. lebanon highly unstable country controlled in large part by hezbollah a iranian proxy. you could watch things spill over there. israelies are biting their nails. jenna: you say if it is too late what do we do? if that is the case what do we do now? >> i think we'll have to wait and see how the administration takes next steps here but i don't see anything that we can do right now to insure that the right people come to power. we're designating al qaeda types and other radicals and say we shouldn't be working with th
do you think syria is in that same space for the obama administration? is that where the cost benefit is coming in. >> i think so. look at the fact we've got 30 to 40,000 people that have been killed. you have a chemical weapons problem looks like it will be difficult to contain. al qaeda is creeping up in this part of the world. let's not forget, all the critical countries that border syria. iraq where we've invested blood and treasure that could come at risk by having an overflow from...
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alisyn: when you bring up chemical weapons, the obama administration basically signaled it wasn't going to get involved but in fact president obama called that a red line. if chemical weapons were used it would force the u.s.'s hand somehow. >> well we have been very vague about what that means and i think it's speculation on our part certainly but i frankly believe that assad does not take that threat very seriously and that's why we have to keep an eye on what he is doing with those chemical weapons. i know our intelligence services and others in the region are doing that. we have to take that threat very seriously that he could in fact employ those weapons. alisyn: this week president obama formally recognized coalition against assad as legitimate and representative he said of the syrian people. does that change anything? >> on the ground it doesn't change much but i think what could happen as a result of it, certainly to have a legitimate political authority recognized like that is a good thing. and it may open up actually more economic assistance, you know, to the rebel forces. i w
alisyn: when you bring up chemical weapons, the obama administration basically signaled it wasn't going to get involved but in fact president obama called that a red line. if chemical weapons were used it would force the u.s.'s hand somehow. >> well we have been very vague about what that means and i think it's speculation on our part certainly but i frankly believe that assad does not take that threat very seriously and that's why we have to keep an eye on what he is doing with those...
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republicans have criticized the obama administration for its flawed early public explanation of the attack. >>> 4:50 two the big change you may hear today -- in the tv commercials you watch. >>> plot to murder justin bieber. why a man you disgust me. prove it. enough is enough. d-con no view, no touch trap snaps to kill instantly. no looking, no touching. d-con. get out. it sparks a movement. look ! no ugly spots ! and see that shine ! you've got to try finish. because once they try finish, they can't keep it to themselves. i'm switching for good. wow ! awesome ! finish is seriously good. cannot believe how great it works. incredible shine. i won't use anything else. love, love, love finish ! so far over a million neighbors, friends, and family have switched to finish. join the finish revolution. recommended by more dishwasher brands worldwide. . >>> the loaning awaited return of the google maps app is hitting apple devices this morning nearly three months after apple replaced google maps with its own mapping app which was plagued with wrong or missing information. google says the new ipho
republicans have criticized the obama administration for its flawed early public explanation of the attack. >>> 4:50 two the big change you may hear today -- in the tv commercials you watch. >>> plot to murder justin bieber. why a man you disgust me. prove it. enough is enough. d-con no view, no touch trap snaps to kill instantly. no looking, no touching. d-con. get out. it sparks a movement. look ! no ugly spots ! and see that shine ! you've got to try finish. because once...
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after two years the obama administration has failed to provide states with sufficient guidance as to how the state exchanges would function. yet, president obama expects states to make that decision this week. that's like asking a business to sign a contract that's still being written. further, there is evidence that the federal government will ultimately control exchanges no matter who creates them. the only difference is if a state sets up an exchange, it will pay for it. no business would take a deal like that. finally, tennessee has seen what experimental health care reform looks like in tenncare. what business would risk its finances on a proposal modeled after a failed plan? i applaud governor haslem and thank him for his business-like approach and i yield back the balance of my time. the speaker pro tempore: for what purpose does the gentleman from illinois seek recognition? >> i ask unanimous consent to address the house for one minute and to revise and extend. the speaker pro tempore: without objection, the gentleman is recognized. >> thank you, mr. speaker. mr. speaker, i r
after two years the obama administration has failed to provide states with sufficient guidance as to how the state exchanges would function. yet, president obama expects states to make that decision this week. that's like asking a business to sign a contract that's still being written. further, there is evidence that the federal government will ultimately control exchanges no matter who creates them. the only difference is if a state sets up an exchange, it will pay for it. no business would...
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. >> so let me ask you a question about this report that we're hearing that the obama administration might be looking at a republican to succeed the defense secretary, leon panetta. who is on that list at this point? >> reporter: yeah, that's right. this is former nebraska senator chuck hagel, a republican. so this is pretty interesting. we know, according to sources knowledgeable of the situation, that president obama and vice president joe biden have met with hagel and he's, of course, is someone who's familiar to the president. yes, he's a republican but some republican mace take issue with this nomination because in 2008 he actually sort of switched sides, if you will, a little bit and endorsed president obama. he also traveled with him to iraq and afghanistan. so they have that relationship as well as the vice president's relationship with hagel in the senate. it's sort of fascinating, though, because bob gates, as you know, was a republican. and so if he were to be nominated, if hagel were to be nominated, two out of three of the president's defense secretaries would be republi
. >> so let me ask you a question about this report that we're hearing that the obama administration might be looking at a republican to succeed the defense secretary, leon panetta. who is on that list at this point? >> reporter: yeah, that's right. this is former nebraska senator chuck hagel, a republican. so this is pretty interesting. we know, according to sources knowledgeable of the situation, that president obama and vice president joe biden have met with hagel and he's, of...
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the obama administration has been under fire for not giving help to the consulate and denying that it was actually a terrorist attack for several weeks. u.n. ambassador susan rice as you recall went on five morning talk shows shortly after, saying the attack was because it was that video, spontaneous. >>> here is proof that the cameras are always rolling, even in the commercial break. ♪ . >> gretchen: that's what we do during the breaks here. tia ewing of sacramento caught during the commercial break dancing to beyonce's "single ladies." she had no idea the camera was rolling the entire time, but says she's not ashamed of her moves. she shouldn't be. look how good she is. >> steve: she's great! >> gretchen: even if you're bad at dancing, you only live once, so go for it. >> steve: she didn't know anybody was watching. but now people all around the planet are watching tia. >> brian: something about it, people have fun. i will say this, it was trending number one. yesterday i'm thinking, what is happening? i didn't know if it was bad or good. when i clicked on it, i said good. >> gret
the obama administration has been under fire for not giving help to the consulate and denying that it was actually a terrorist attack for several weeks. u.n. ambassador susan rice as you recall went on five morning talk shows shortly after, saying the attack was because it was that video, spontaneous. >>> here is proof that the cameras are always rolling, even in the commercial break. ♪ . >> gretchen: that's what we do during the breaks here. tia ewing of sacramento caught...
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administration needs to rise above. for you, it's the house and boehner need to rise above. for me, it's everybody needs to rise. it's not a partisan thing. it's a let's do this. >> what about marc andreessen? let's not rise above anything. >> he's like one of the only people. we've got all this -- >> okay. >> we gave you one. >> there's a sink below caucus. >> here it is. you want me to tie my tie like you? >> put it on your tie. it's like a rorschach. it can mean anything to you. we just want to get this done. >> my styist would not be happy with this look. >> your stylist has got a lot of work to do. that's not your problem right there. oil prices are hanging around $86 a barrel while gold prices are tumbling following the fed delayed decision to push ahead with another round of stimulus measures. guy wolf, let's look at the trading block here. different markets and see. guy wolf is macro strategist at marex speculation and jim moor yo is on constantly on cnbc. unless there's more than one of him. joining from the cm
administration needs to rise above. for you, it's the house and boehner need to rise above. for me, it's everybody needs to rise. it's not a partisan thing. it's a let's do this. >> what about marc andreessen? let's not rise above anything. >> he's like one of the only people. we've got all this -- >> okay. >> we gave you one. >> there's a sink below caucus. >> here it is. you want me to tie my tie like you? >> put it on your tie. it's like a rorschach....
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he still hasn't actually cracked on rates, and i think that's a deal breaker for the obama administration. i think they've drawn a line in the sand will, rightly or wrongly, and i think the republicans will have to cross it in order to get a deal done. in terms of entitlements, this will be a two-step deal. we'll need to have some kind of down payment where we agree on the broad outlines of what this program will look like, but then we'll be working well into next year to do the entitlements and tax stuff. one piece is what's the enforcing mechanism? what actually makes sure that whatever is agreed to now in terms of the total size of the package actually gets implemented over the course of the next six to eight months. >> here's how i think that's going to work, steve. i think that what they'll do at least based on people i'm talking to, get a temporary measure to avert the fiscal cliff. so they can extend that by a matter of months. at least get the middle-class tax extension done in a bill, and maybe they set up a framework where they say we're going to, you know, cut $600 billion out
he still hasn't actually cracked on rates, and i think that's a deal breaker for the obama administration. i think they've drawn a line in the sand will, rightly or wrongly, and i think the republicans will have to cross it in order to get a deal done. in terms of entitlements, this will be a two-step deal. we'll need to have some kind of down payment where we agree on the broad outlines of what this program will look like, but then we'll be working well into next year to do the entitlements...
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it doesn't matter what the obama administration is doing. we waited 21 months. 40,000 syrians were killed. thousands of syrian versus fled to turkey, iraq and jordan. many are refugees. the city has been completely leveled to the ground, and now we come, we offer this recognition, it's very lame. >> eliot: will we be in position to affect the outcome. let me state this as a premise. i take it as a premise that assad will fall at some point. his civil society is fallen. do you accept that premise. >> it was a year ago when the obama administration said bashar is a dead man walking. a year later we can see that this may be the end game, but it has nothing to do with what we do and what we say. and indeed president obama gave hillary clinton secretary of state to promise that the cavalry was on the way and they never showed up. >> eliot: what i heard was there was not much they could do to affect the dynamics of this revolution. >> they were skillful in the way they depicted this fight. the only thing we could do is to have boots on the ground.
it doesn't matter what the obama administration is doing. we waited 21 months. 40,000 syrians were killed. thousands of syrian versus fled to turkey, iraq and jordan. many are refugees. the city has been completely leveled to the ground, and now we come, we offer this recognition, it's very lame. >> eliot: will we be in position to affect the outcome. let me state this as a premise. i take it as a premise that assad will fall at some point. his civil society is fallen. do you accept that...
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the obama administration also called the launch, a highly provocative act, but hasn't threatened any action in response. >>> in syria, three bombers hit the ministry headquarters. the u.s. says they have fired scud missiles over the north. this would be a significant escalation in the fighting in the regime. >>> in venezuela hugo chavez may not be well enough to remain president. he is facing a difficult recovery. but they said nothing of the cancer itself. >>> the waves are high, and tomorrow will be even higher. the unusual phenomenon bringing the king of tides. >> it is cold out there, bill martin is tracking the temperatures along with more wet weather. he's back with his complete bay area forecast. >> a music's, ready ! share the harmony... she'll be here soon ! she'll love this ! share a sweeter welcome... hey, hola, cómo estás ? hello, hey everyone. es un pla-cer co-no-cer-te. encantada. share everything. this holiday get verizon's share everything plan. unlimited talk, text and shareable data... ... across your family's devices, all in one plan. get a droid razr m by motoro
the obama administration also called the launch, a highly provocative act, but hasn't threatened any action in response. >>> in syria, three bombers hit the ministry headquarters. the u.s. says they have fired scud missiles over the north. this would be a significant escalation in the fighting in the regime. >>> in venezuela hugo chavez may not be well enough to remain president. he is facing a difficult recovery. but they said nothing of the cancer itself. >>> the...
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the obama administration has conspicuously announced a pivot to asia. at the center of this pivot is china, which exists as both an adversary to certain u.s. interests and a fellow traveler sharing mutual goals and vulnerabilities on others. the ongoing challenge will be for the united states to disce discern, sometimes issue by issue, whether china is an adversary or a partner. and this calibration will impact america's relations with the rest of asia and may ultimately determine prospects for war or peace in this world. while visiting indonesia, thailand and the philippines in october, i was reminded of the economic vitality of southeast asia and the fact that the ten countries comprising asean represent now the fourth largest export market of the united states. these countries are center stage to the circumstances with china. we must stand firm with our friends throughout asia and actively pursuit prospects for free trade and open sea lanes and other policies that will strengthen america's economic growth. more broadly, we face the specter of global
the obama administration has conspicuously announced a pivot to asia. at the center of this pivot is china, which exists as both an adversary to certain u.s. interests and a fellow traveler sharing mutual goals and vulnerabilities on others. the ongoing challenge will be for the united states to disce discern, sometimes issue by issue, whether china is an adversary or a partner. and this calibration will impact america's relations with the rest of asia and may ultimately determine prospects for...
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the obama administration also called the launch, a highly provocative act, but hasn't threatened any action in response. >>> in syria, three bombers hit the ministry headquarters. the u.s. says they have fired scud missiles over the north. this would be a significant escalation in the fighting in the regime. >>> in venezuela hugo chavez may not be well enough to remain president. he is facing a difficult recovery. but they said nothing of the cancer itself. >>> the waves are high, and tomorrow will be even higher. the unusual phenomenon bringing the king of tides. >> it is cold out there, bill martin is tracking the temperatures along with more wet weather. he's back with his complete bay area forecast. >> a reminder, you can get ktvu news to go. you can watch all of our newscasts live right on your mobile device. lucky if you could record two shows. and if mom was recording her dumb show and dad was recording his dumb show then, by george, that's all we watched. and we liked it! today's kids got it so good. [ male announcer ] get u-verse tv with a total home dvr included free for li
the obama administration also called the launch, a highly provocative act, but hasn't threatened any action in response. >>> in syria, three bombers hit the ministry headquarters. the u.s. says they have fired scud missiles over the north. this would be a significant escalation in the fighting in the regime. >>> in venezuela hugo chavez may not be well enough to remain president. he is facing a difficult recovery. but they said nothing of the cancer itself. >>> the...
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. >> i am sure the obama administration within days will be saying that we are going to get back seriously to the six-party talks to deal with this -- you know, we see in the mainstream media, people saying this is not a big deal, get ready for the next crisis -- it is a big deal. >> greta: i'll tell you why it is a big deal. very few american presidency get into north korea. we have been there three times. every day, the citizens are marching. they are convinced that every american, every day of the week is thinking of how it kill north korea. there is such an incredible disconnect. they are terrified and they are preparing to do something to us. >> they believe they can intimidate the united states. they have succeeded in that before. and china had could bring enormous pressure on north korea, gets away with issuing statements about regret. look, if the chinese were enforcing the security council sanctions, it would be very hard if not impossible for north korea to make this progress. the nicheese -- the chinese are enabling the north koreans because it suits their interests to do so. >>
. >> i am sure the obama administration within days will be saying that we are going to get back seriously to the six-party talks to deal with this -- you know, we see in the mainstream media, people saying this is not a big deal, get ready for the next crisis -- it is a big deal. >> greta: i'll tell you why it is a big deal. very few american presidency get into north korea. we have been there three times. every day, the citizens are marching. they are convinced that every...
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the policies of barack obama and his administration will really put us off the fiscal cliff. we are headed towards the depression. worse than the 1930's. spending will -- we have to stop the spending. let's stop taxing people. any higher than they have already been taxed. i would like to lower tax rates and lower taxes. get rid of corporate taxes, dividend taxes and capital gains taxes. let's have a policy that will really stimulate the economy and create millions of new jobs, bring de. we would create millions of new jobs. we would start raising up people who had good paying jobs. they would pay more taxes so we can pay down the debt. the debt will kill the country economically. we have got to deal with it. first we have got to stop the spending. >> i would also like to follow up. where a lot of this debate is coming right now is the fact that several republicans have come out and said, let's go ahead and raise taxes on the high income runners and "get it off the table." i have not heard one republican actually make a case for it being a fiscally sound policy, that it does a
the policies of barack obama and his administration will really put us off the fiscal cliff. we are headed towards the depression. worse than the 1930's. spending will -- we have to stop the spending. let's stop taxing people. any higher than they have already been taxed. i would like to lower tax rates and lower taxes. get rid of corporate taxes, dividend taxes and capital gains taxes. let's have a policy that will really stimulate the economy and create millions of new jobs, bring de. we...
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>> first of all, we don't have an actual proposal from the obama administration. again, i think this is just a little distraction, a bobble that they're dangling in front of the republicans. but if we got the rate down to 28%, it depends on how they're, quote, paying for it, unquote. and if they make our world wide tax system worse, if they force companies to declare investment expenses as taxable income, that's going to bias the system against new call tapital. there's all sorts of bad ways to finance it. on the other hand, if they're getting rid of the ethanol loophole and all that, it's good news. i don't trust the white house because their track record is so far to the left. >> you're not trusting them, i get that. what about this sort of conundrum. supposed they did drop the corporate tax rate from 35 to 28 and pay for it with loophole closures and put that aside. if you're a small business, you might still be sitting with higher tax rate because the upper end tax rates are going up. a small business subchapter s may be at 40% or 44% with obama care, while th
>> first of all, we don't have an actual proposal from the obama administration. again, i think this is just a little distraction, a bobble that they're dangling in front of the republicans. but if we got the rate down to 28%, it depends on how they're, quote, paying for it, unquote. and if they make our world wide tax system worse, if they force companies to declare investment expenses as taxable income, that's going to bias the system against new call tapital. there's all sorts of bad...
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the obama administration called the launch a provocative act. >> house republican leaders are pressing president obama to come up with a plan they can accept for spending cuts and tax revenues to avoid the so called fiscal cliff. time is running out now for both parties to reach a compromise. we have the latest. >> the deadline to avoid the fiscal cliff is december 316789 lawmakers have less time if they want get something together that congress can pass and the president can sign. >> the longer the white house road blocks this discussion, closer our economy gets to the fiscal cliff. >> in an interview, the president was optimistic a deal can be reached. >> i'm confident republicans would not hold middle class taxes hostage to try to protect tax cuts for high income individuals. >> monday night, white house sent speaker boehner on offer including $1.2 trillion in new revenue. yesterday, boehner sent a counter proposal back but looked almost exactly like their original plan. $800 in new revenue continues to be the sticking point. tax rates on the top earners. republicans insist the whit
the obama administration called the launch a provocative act. >> house republican leaders are pressing president obama to come up with a plan they can accept for spending cuts and tax revenues to avoid the so called fiscal cliff. time is running out now for both parties to reach a compromise. we have the latest. >> the deadline to avoid the fiscal cliff is december 316789 lawmakers have less time if they want get something together that congress can pass and the president can sign....
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and the obama administration has run annual deficits of well over $1 trillion. now i'm constantly hearing from people, how did this seem to happen so quickly? it has been decades in the making. and indeed, many of us have come to the floor regularly and we have talked about it and we have offered bills in a would address this. great example of this, every year i have offered bills that call for 1%, 2% and 5% spending reductions. we have the appropriations process where members have come to the floor and have offered amendment after amendment that would reduce what we are spending. we on this side of the aisle also believe that you have to have a budget. now, the president had a proposed budget and nobody wanted to vote for that. so we put it on the floor and i think it got one or two votes from the democrats. the country has not had a budget in over 1,300 days and there is a reason for this and that is because the budget we have passed out of this house has gone to the senate each and every year and it sits on harry reid's desk. and he does not take it up. and w
and the obama administration has run annual deficits of well over $1 trillion. now i'm constantly hearing from people, how did this seem to happen so quickly? it has been decades in the making. and indeed, many of us have come to the floor regularly and we have talked about it and we have offered bills in a would address this. great example of this, every year i have offered bills that call for 1%, 2% and 5% spending reductions. we have the appropriations process where members have come to the...
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this was a minor thing they wanted waivers from the administration. the administration said they might be willing to give them if they came up with good plans. and the ad -- what was so misleading about the ad was the implication that obama had this plan. the implication was obama had this plan that would undo the welfare from the '90s. they might give waivers to a good plan in the states presented. but there was no sweeping plan. so there was a grain of truth to it but the basic overall message was wildly misleading. >> let's face it, made the president look like he was in favor of the people who are welfare cheats basically. i want to give them something free, right? >> of course that would be a great position for him to >> also separated from clinton, which was smart, i guess. the one that got a lot of mileage out there was mitt romney's assertion that president obama had gone on an apology tour overseas. romney even included it in his acceptance speech at the republican national convention. let's look at this one. >> i will begin my presidency wit
this was a minor thing they wanted waivers from the administration. the administration said they might be willing to give them if they came up with good plans. and the ad -- what was so misleading about the ad was the implication that obama had this plan. the implication was obama had this plan that would undo the welfare from the '90s. they might give waivers to a good plan in the states presented. but there was no sweeping plan. so there was a grain of truth to it but the basic overall...
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everybody agrees that the obama administration has won the debate on the met ta issue right now. and that is the tax rates. they won the debate. once you solve that issue, it's a question of finding another 500 or 600 billion in tax cuts. which i think the two sides are not that far. but they can find that money. the point here is i think this deal is largely done. and i think this is mostly theatrics. and all a function of the fact that boehner is a weak speaker and he has to slow walk his caucus into this position that they've lost when everybody already knows they lost the debate. >> but jared, here's the question. the president appears to still be compromising or willing to compromise even though as julian just says, there's really no engagement from speaker boehner in terms of substantive change. we had the president talking of increasing from 400 to 600. he's talking about corporate tax reform. all of these things are things the president is compromising on. what's boehner doing? >> actually, i think that there is no deal absent compromise. and i agree with what julian said
everybody agrees that the obama administration has won the debate on the met ta issue right now. and that is the tax rates. they won the debate. once you solve that issue, it's a question of finding another 500 or 600 billion in tax cuts. which i think the two sides are not that far. but they can find that money. the point here is i think this deal is largely done. and i think this is mostly theatrics. and all a function of the fact that boehner is a weak speaker and he has to slow walk his...
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that could take some time, though, even though the obama administration is hoping the recovery will speed up. let's bring in our kmeef white house correspondent jessica yellin. what is the white house saying about today's dramatic, very important decision by the federal reserve? >> reporter: wolf, as usual, they are saying nothing. they don't want to comment on fed policy from the white house podium because they never want to say anything that might rock the markets. but i can tell you that democrats generally view these moves as a positive sign something that will create predictability for business so that's something that pleases them. also, behind closed doors here at the white house, wolf, they have been meeting with business leaders today. the president's top advisers and chiefly his economic team has been meeting with ceos and wall street hon chos trying to continue their charm offensive to help some of the nation's top business executives sell their deal on the fiscal cliff and this week the white house had a major victory on that front. the business roundtable, the group that repr
that could take some time, though, even though the obama administration is hoping the recovery will speed up. let's bring in our kmeef white house correspondent jessica yellin. what is the white house saying about today's dramatic, very important decision by the federal reserve? >> reporter: wolf, as usual, they are saying nothing. they don't want to comment on fed policy from the white house podium because they never want to say anything that might rock the markets. but i can tell you...
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the chatter is being stirred by knowledgeable washington journalists saying the obama administration may be ready to include these in a fiscal cliff deal with republicans. whatever negotiations are taking place between the president and speaker john boehner, whatever each side is prepared to give up a a level of security. it's totally possible the white house actually has no intent on messing with medicare or social security benefits. but for the left the chatter is ominous. it's coming from well sourced reporters and we've been down this road before. the pursuit with john boehner in 2011, obama was willing. there's reason to suspect there's something to all this chatter. and the question then becomes why? why would obama who simply by doing nothing these next few weeks could get the tax hike on the wealthy he's been demanding without touching medicare and social security? why would he entertain such drastic changes to the safety net? most likely culprit is the dreaded debt ceiling. here's why. republicans came to these talks with no leverage. the consequences of doing nothing before
the chatter is being stirred by knowledgeable washington journalists saying the obama administration may be ready to include these in a fiscal cliff deal with republicans. whatever negotiations are taking place between the president and speaker john boehner, whatever each side is prepared to give up a a level of security. it's totally possible the white house actually has no intent on messing with medicare or social security benefits. but for the left the chatter is ominous. it's coming from...
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and the obama administration feels comfortable saying we are with you guys. >> what about the news we just got that the officials have confirmed for the first time and the military using scud missiles directed at the rebel fighters. is this the last act of desperation? >> it feels that way. he started by using ground troops and tanks and helicopters and jets. now scud missiles. that's the last weapon. short of chemical weapons, we we hope he doesn't go there. he is feeling the news come around and has been a lot of fighting for several weeks in and around damascus in his capital. he can hear the gunfire from the windows of his palace. >> thank you very much, bobby for your time. a short time ago, the un security council condemned the missile and said it brings them one step closer of striking nuclear weapons. they called it provocative and susan rice said the council is working on how to respond to the north's violation. >> we are very much ready to engage with our colleagues on the council and we will be searching for a clear and credible response. we have some elements and aspects t
and the obama administration feels comfortable saying we are with you guys. >> what about the news we just got that the officials have confirmed for the first time and the military using scud missiles directed at the rebel fighters. is this the last act of desperation? >> it feels that way. he started by using ground troops and tanks and helicopters and jets. now scud missiles. that's the last weapon. short of chemical weapons, we we hope he doesn't go there. he is feeling the news...
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>>> plus, sudden about face from the obama administration on school lunches. why? because of a silly viral video. >>> and the life of robbie shankar. the legacy of a beatles mentor and the father of norah jones. so, this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or click today. >>> the road trip one war veteran was taking was supposed to be about fun, and relaxation, but turned into torment and threats against jon hammar and his family. you see, for the last four months he has been in this mexican jail for allegedly trying to take an illegal weapon into the country. the weapon here, this was the family heirloom, a shotgun he intended to hunt with and he even got paperwork from the u.s. customs to take it across the border into mexico.
>>> plus, sudden about face from the obama administration on school lunches. why? because of a silly viral video. >>> and the life of robbie shankar. the legacy of a beatles mentor and the father of norah jones. so, this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes!...
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accordingly, i support this legislation that the obama administration proposed and reserve the balance of my time. the speaker pro tempore: the gentleman reserves the balance of his time. the gentleman from new york. mr. king: madam speaker, i yield such time as he may consume to the gentleman from illinois, mr. walsh. let me take this opportunity to commend him, the outstanding job he's done during his time of service on the committee. . the speaker pro tempore: the gentleman from illinois is recognized for such time he may consume. mr. walsh: thank you, madam speaker. the i thank chairman king. earlier this year i introduced the no hassle flying act legislation, brought to our attention by the transportation security administration. senators clow by car from minnesota and blunt from missouri introduced my language in the senate and this is the bill we are considering today. over the past decade t.s.a. has classified 14 foreign airports as precleared for security purposes. these airports are routinely checked by t.s.a. to ensure their screening procedures for both people and bags meet
accordingly, i support this legislation that the obama administration proposed and reserve the balance of my time. the speaker pro tempore: the gentleman reserves the balance of his time. the gentleman from new york. mr. king: madam speaker, i yield such time as he may consume to the gentleman from illinois, mr. walsh. let me take this opportunity to commend him, the outstanding job he's done during his time of service on the committee. . the speaker pro tempore: the gentleman from illinois is...
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the obama administration has conspicuously announced a pivot to asia. at the center of this pivot is china, which exists as both an adversary to certain u.s. interests and a fellow traveler sharing mutual goals and vulnerabilities on others. the ongoing challenge will be for the united states to disce discern, sometimes issue by issue, whether china is an adversary or a partner. and this calibration will impact america's relations with the rest of asia and may ultimately determine prospects for war or peace in this world. while visiting indonesia, thailand and the philippines in october, i was reminded of the economic vitality of southeast asia and the fact that the ten countries comprising asean represent now the fourth largest export market of the united states. these countries are center stage to the circumstances with china. we must stand firm with our friends throughout asia and actively pursuit prospects for free trade and open sea lanes and other policies that will strengthen america's economic growth. more broadly, we face the specter of global
the obama administration has conspicuously announced a pivot to asia. at the center of this pivot is china, which exists as both an adversary to certain u.s. interests and a fellow traveler sharing mutual goals and vulnerabilities on others. the ongoing challenge will be for the united states to disce discern, sometimes issue by issue, whether china is an adversary or a partner. and this calibration will impact america's relations with the rest of asia and may ultimately determine prospects for...
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so now the obama administration has reversed it and you can serve these foods. you still have to have strict calorie counts, but you can serve these. >> is this a good thing or bad thing? have they improved now that they have more food on the plate? it is not bad food, right? >> even the nutritionists so gung ho, they're, like, this is fine. this is fine because, again, still really strict calorie limits on the food, can't go over a certain number, they have to have more whole grains and more fruits and vegetables. this was a tweak that the usda did to make everyone happy. >> score one for both sides. >> there you go. >> thank you, elizabeth. appreciate it. >>> an asteroid buzzes past earth, no one notices. why there wasn't a warning next hour. people have doubts about taking aspirin for pain. but they haven't experienced extra strength bayer advanced aspirin. in fact, in a recent survey, 95% of people who tried it agreed that it relieved their headache fast. visit fastreliefchallenge.com today for a special trial offer. your soups are so awesomely delicious my
so now the obama administration has reversed it and you can serve these foods. you still have to have strict calorie counts, but you can serve these. >> is this a good thing or bad thing? have they improved now that they have more food on the plate? it is not bad food, right? >> even the nutritionists so gung ho, they're, like, this is fine. this is fine because, again, still really strict calorie limits on the food, can't go over a certain number, they have to have more whole...
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any other response from the administration. >> reporter: the obama administration came into hower with only limited approaches for north korea and hasn't managed over the last four years to develop any truly creative new ones. the launch occurred just before 8:00pm eastern time last night, the analysts say the test of this long-range model was largely successful and helped the dictatorship cross an important threshold of being able to pair a nuclear war hold with a intercontinental missile. the next threshold they cross will make yeongpyeong a threat to the united states. assistant secretary of state kurt campbell is in the philippines, 200 miles east of that country when the rocket's second stage fell to aert. earth. campbell offered only a hint how the u.s. will proceed from here. >> we will be working closely with our allies, south korea, japan, others to do a full assessment of what's transpired. our primary point at this juncture is that this step is provocative, in strict violation of u.n. security council resolutions, and we, along with the philippines and other countries in the
any other response from the administration. >> reporter: the obama administration came into hower with only limited approaches for north korea and hasn't managed over the last four years to develop any truly creative new ones. the launch occurred just before 8:00pm eastern time last night, the analysts say the test of this long-range model was largely successful and helped the dictatorship cross an important threshold of being able to pair a nuclear war hold with a intercontinental...
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. >>> meanwhile, the obama administration is condemning north korea's launch of a long-range missile overnight. calling it, and i quote, a highly-provocative act. end quote. japanese tv has just released this video, they say shows the missile launch. it was north korea's most powerful ever, with a capacity to reach the west coast of the united states. the launch is seen as a successful step to putting a nuclear warhead on a similar missile. >>> and some medical news for you. a warning to women. a new study finds that smoking even just once a day, can nearly double your risk of dying from a heart attack or other heart problems, as compared to nonsmokers. >>> two business headlines. cosmetics giant avon has just announced its eliminating some 1,500 jobs in the struggles to cut costs and stay competitive. also this morning, the price of your morning orange juice may soon be on the rise. a new report warns that florida's orange crop is among the worst in almost half a century, thanks to the persistent drought in recent months. >>> and a man they once called the godfather of world music h
. >>> meanwhile, the obama administration is condemning north korea's launch of a long-range missile overnight. calling it, and i quote, a highly-provocative act. end quote. japanese tv has just released this video, they say shows the missile launch. it was north korea's most powerful ever, with a capacity to reach the west coast of the united states. the launch is seen as a successful step to putting a nuclear warhead on a similar missile. >>> and some medical news for you. a...
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>> well, the key player is obama. and this is -- i keep saying we're in the obama era. we're not in the john boehner era. we're not in whoever's going to be secretary of state or secretary of defense. and he's got to set the table in a way that not only works but communicates to the world there is a coherent leadership here that can get things done and how it exactly gets done i don't think makes that much difference. it's just got to be done. and if we run off the cliff, i mean i hate this term but the repercussions -- >>> primatene mist used to be america's top asthma medicine. now 1 million are gathering dust in a california warehouse. we'll tell you why and how that could change on capitol hill. you're watching "cbs this morning." we'll be right back. >> announcer: this portion of "cbs this morning" sponsored by keep medicare and social security strong for generations to come. and social security strong for generations to come. but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through al
>> well, the key player is obama. and this is -- i keep saying we're in the obama era. we're not in the john boehner era. we're not in whoever's going to be secretary of state or secretary of defense. and he's got to set the table in a way that not only works but communicates to the world there is a coherent leadership here that can get things done and how it exactly gets done i don't think makes that much difference. it's just got to be done. and if we run off the cliff, i mean i hate...
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now the obama administration says that the fee will only be temporary. that it will phase out in 2017 because of all savings will be enjoyed by the health care plan overall. unless of course congress decides to extend it which they usually do, right? matt mccall joins me, president of the penn financial group. 63 bucks a head. that is not pocket change. >> no it's not. a lot of people say, what is $63. i spend that on dinner or a christmas present. what they don't realize multiply that by everybody out there that becomes a very, very large number. martha: right. >> as you mentioned a moment ago everybody has to pay for something. this will get passed down to employers which then will most likely pass it down to employees. most employers are trying to cut margins as much as possible to try to make them. when it comes to end of the day, you know what, this is part of obamacare. nothing i can do about it. it will be passed on to you. that will probably hurt wages of you and i. $63 will probably not change anybody's life. but when that is multiplied in econo
now the obama administration says that the fee will only be temporary. that it will phase out in 2017 because of all savings will be enjoyed by the health care plan overall. unless of course congress decides to extend it which they usually do, right? matt mccall joins me, president of the penn financial group. 63 bucks a head. that is not pocket change. >> no it's not. a lot of people say, what is $63. i spend that on dinner or a christmas present. what they don't realize multiply that by...
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the obama administration has designated a group there a terrorist organization and will collectively recognize the coalition of syrian groups as legitimate representatives of the country. this is information that we learned from an interview that president obama did with abc news. in line with that, the u.s. will formally recognize the opposition council as the leader of the syrian people. officials say that the u.s. afghan force may total 9000 after the year 2014. the obama administration plans to keep between 6009 thousand troops in afghanistan after 2014 and they will confine most of them to fortified garrisons near the capital, leaving afghan troops largely without american the advisers in the field. another story from afghanistan -- "slow gains in justice for females." women who are victims of violence often report abuse that -- rarely report abuses to government authorities and rarely see their cases go to trial." that is a story in "the new york times." looking at the domestic front, "ben bernanke is to make a last fiscal cliff police." "topping a yearlong campaign, he would g
the obama administration has designated a group there a terrorist organization and will collectively recognize the coalition of syrian groups as legitimate representatives of the country. this is information that we learned from an interview that president obama did with abc news. in line with that, the u.s. will formally recognize the opposition council as the leader of the syrian people. officials say that the u.s. afghan force may total 9000 after the year 2014. the obama administration...
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the obama administration condemned it as a provocative act and will likely ask the u.n. security council to impose crippling sanctions. the pentagon following developments this morning. chris lawrence there. what do you know, chris? >> right now, officials say that object that north korea put into orbit, monitoring it, analyzing it, but they confirm it is in orbit. why is that important? the same technology you would use to put into orbit is the same technology you use to develop long-range ballistic missiles, the u.s. condemned this act. they are worried about the marriage of north korea's nuclear weapons with this long-range missile technology. this is the type of missile that if it was successful, as it appears to be, could reach parts of the united states, alaska, u.s. military bases in hawaii. but a u.s. efficiently i spoke with who used to work on north north korea for the defense department told me, there are still areas in which north korea has not made it as far as they would need to in terms of getting an accurate rocket, in terms of getting heat shielding, and
the obama administration condemned it as a provocative act and will likely ask the u.n. security council to impose crippling sanctions. the pentagon following developments this morning. chris lawrence there. what do you know, chris? >> right now, officials say that object that north korea put into orbit, monitoring it, analyzing it, but they confirm it is in orbit. why is that important? the same technology you would use to put into orbit is the same technology you use to develop...
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i ask because over the past several weeks the obama administration has tried to reach out to wall street in a way perhaps it hadn't earlier. want to talk a little bit about that relationship post election. in terms of where you think business should be trying to influence or be part of this discussion. >> the business roundtable put a letter today in some newspapers signed by 150 ceos of mostly large companies. i think a lot of smaller companies feel the same way, we want a rational deal. want it market credible. know there will be increases in tax revenues link together with rationale entitlement reform with a rational multiple. that's what the business community wants, not the one specific thing people argue about whether this goes up. business wants a rational deal to go up because it would be good for the united states of america? >> you'll take a higher tax rate. >> yeah. i don't personally care. it's not the 39.6%. they are linked together. no one says i will take a higher tax rate so we can still be irresponsible in spending. you can de link that all you want no one does that in t
i ask because over the past several weeks the obama administration has tried to reach out to wall street in a way perhaps it hadn't earlier. want to talk a little bit about that relationship post election. in terms of where you think business should be trying to influence or be part of this discussion. >> the business roundtable put a letter today in some newspapers signed by 150 ceos of mostly large companies. i think a lot of smaller companies feel the same way, we want a rational deal....
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in a major diplomatic shift for the united states, the obama administration his now formally recognizing syrian rebels in an effort to end assad's regime. the u.s. doesn't plan to provide arms to the rebels. >>> and from our parade of papers, "the dallas morning news." north korea has defied international warnings, firing another long-range rocket. the second such launch under new leader kim jong-un. korean state tv claims the launch was successful and that the rocket delivered a, quote, peaceful satellite into orbit. >>> this is a big morning now. >> it is. he's here. >> he's here in the flesh in new york city in the studio. >> 12-12-12. happy 12-12-12. >> top 12 reasons, something. >> willie and i since 11-11-11 -- >> i was watching you. >> and we're, like, on the holiday inn over on 57th. we're going to be ready when it's 12-12-12 because that's going to be a special day. we'll make a top 12 list of the things a man should do to -- >> and we want to get this right. >> we're going to get it right. >> because we were so wrong about y2k. >> we really were. >> the millennium. >> we really
in a major diplomatic shift for the united states, the obama administration his now formally recognizing syrian rebels in an effort to end assad's regime. the u.s. doesn't plan to provide arms to the rebels. >>> and from our parade of papers, "the dallas morning news." north korea has defied international warnings, firing another long-range rocket. the second such launch under new leader kim jong-un. korean state tv claims the launch was successful and that the rocket...